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Wednesday, 14 May 2014

The [Silver] fix is dead, long live the "fix?"...............from Rico

This is a stunning 'loss' for the precious metals manipulators.

The London Gold Fix Co. [Deutsche Bank, HSBC, and Bank of Nova Scotia] has just given a three-month 'notice' that it will cease their Silver "fixing" [read: rigging] effective COB 8-14.

We'll see, won't we?

- WWCD: What will the COMEX do?

......and, what will happen with the London Gold Fix one wonders (not that it is any less "fixed" than the LIBOR was)?

1 comment:

Anonymous said...

Rico,
I would love to believe what you have been saying here for years is true, and I have been reading it every day for years, but. I am not an accountant and don't read things in the alphabet soup terminology you are so fluent in. I don't have a single dime in anyone's pocket but my own. The only flex money I keep is in the bank account I use to cash my paychecks and leave in there to pay rent and utilities.
Paycheck to paycheck is my life, and at 50, I doubt there will be any change. I just don't get where you are going. I'm not invested in anything you tell me to get out of. I know the criminals in charge of everything are stealing.
How about some advice where I can safely stick $20 every week to live on 15 years from now.
Eric